Archive for the ‘Demographics’ Category

London has highly concentrated wealth in its central boroughs, with average incomes in Kensington and Chelsea and the City of London at £137,000 and £117,000, respectively. Barking and Dagenham has the lowest average income: £22,800. Income in London is highly, inversely correlated with the number of children per adult. Barking and Dagenham has almost twice the number of children per adult (.33) compared to Kensington and Chelsea (.17). While the idea that wealthier families have fewer children has been extensively studied, the scale of difference here is quite striking.

When it comes to wealth and Miami-Dade County, it’s all about the coast. The greatest density of wealth is found in Miami along all the coastal areas, with the following exceptions: the area due North of Edgewater (5) up to Aventura (30) and Sunny Isles Beach (28), as well as the area South of Palmetto Bay (81).

While the districts of Xicheng and Dongcheng represent the core of Beijing and have real estate prices on par with many of the most expensive cities in the world, the part of Beijing with the greatest percentage of people with a college degree is in Southeastern Haidian District, where most of the top-tiered universities, like Tsinghua University, Peking University and Renmin University of China, are located. Certain sub-districts in Chaoyang, where most Fortune 500 companies and expatriates live, also have a higher percentage of college-educated population compared with other areas.

A study, published by The Atlantic, suggests that the larger the age gap between a person and their spouse, the higher the chances that the marriage will end in divorce. As the figure suggests, if spouses have one year age gap they are 3% more likely to get divorced than individuals who are of the same age. If the age difference crosses twenty years, the couples are over 172% more likely to get divorced.

Young Americans are very interested in educational spending compared to older Americans, at 24% and 5%, respectively. Job creation spending is of even, and high, interest across all working-age Americans.

Between now and 2060, the progression towards a demographic “rectangle,” rather than the traditional triangle shown in 1950, will have taken shape. These are part of an extensive and insightful Pew Research project about shifting US age and race demography.